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i don't want to kill jobs in this environment. i want to make one more point. >> let him answer the tax thing for a moment. >> okay. >> mr. president. >> well, we've had this discussion before. >> well, in order -- about the idea to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and balance the budget. the idea of taxing people more, putting more people out of work, you will never get there, you never balance the budget by raising taxes. spain spends 42% of their total economy on government. we're now spending 42% of our economy on government. i don't want to go down the path of spain. i want to put more americans to work. >> mr. president, in order to get the job done, it is going to be balanced? >> if we're serious, we have to take a balanced, responsible approach. by the way, this is not just when it comes to in
i don't want to kill jobs in this environment. i want to make one more point. >> let him answer the tax thing for a moment. >> okay. >> mr. president. >> well, we've had this discussion before. >> well, in order -- about the idea to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. >> mr. romney has rule out revenue. >> look, the revenue i get is by more people working, getting higher...
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i don't want to kill jobs in this environment. let me make one more point -- >> let minimum answer the taxes thing for a moment. >> okay. >> mr. president? >> well, we've had this discussion before -- >> about the idea that in order to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. >> is that true? >> absolutely. >> completely? >> look, the revenue i get is by more people working getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people more, putting more people out of work, you'll never get there. you never balance the budget by raising taxes. spain spends 42% of their total economy on government. >> okay. >> we're now spending the 42% of our economy on government. i don't want to go down the path to spain. i want to go down the path of growth that puts americans to work with more money coming in because they're working. >> yeah, but, mr. president, you're
i don't want to kill jobs in this environment. let me make one more point -- >> let minimum answer the taxes thing for a moment. >> okay. >> mr. president? >> well, we've had this discussion before -- >> about the idea that in order to reduce the deficit, there has to be revenue in addition to cuts. >> there has to be revenue in addition to cuts. now, governor romney has ruled out revenue. >> is that true? >> absolutely. >> completely?...
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it will look less aattractive from an investment environment. >> how many dow points will fall if obama is re-elected in your opinion? >> i would say 10% at least. >> just because obama wins? >> absolutely. >> and his policies? >> i'm just baiting you and see how you come out this. >> the policies are for real. the fact that he wins the stock market. >> a no growth economy is not going to support a price earnings ratio. >> obama believed in capitalism and believes in a different type of capitalism than other people. the other point is that -- the same argument was made in '08 and the stock market went up 100%. >> after getting crunched on the way down. thank you very much. we tried. coming up, unchecked, unlimited union power. oh, my goodness. in 30 days michigan is going to vote on a union-backed ballot member to make unionizing a constitutionally protected right. the michigan governor joins me next. he has something to say about that. later on, mitt romney blasts obama's foreign policy calling for the u.s. to play a tougher role, especially in the middle ea east, and slamming obama sa
it will look less aattractive from an investment environment. >> how many dow points will fall if obama is re-elected in your opinion? >> i would say 10% at least. >> just because obama wins? >> absolutely. >> and his policies? >> i'm just baiting you and see how you come out this. >> the policies are for real. the fact that he wins the stock market. >> a no growth economy is not going to support a price earnings ratio. >> obama believed in...
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. >> for both candidates, i want to know what to do to protect the environment from big corporates? green party. >> i have a question for romney, why not pro-life? >> he is pro-life. >> no, that women's abortions, taking away birth control -- >> oh, okay. pro-choice. >> sorry. >> those terms are shorthand anyway. >> i have a question for both candidates and i want to know what you're going to do for prisons, how to clear them out, how to lower costs that effect t affect the voters. >> do you have a question? >> i have a question for romney, gop platform states they have a moral obligation to uphold to support women who are faced with unwanted pregnancies, so since he's going to be cutting programs and sending everything back to the states, and taniff is going to be hurting and we have a lot of women who look to that when they have unwanted pregnancies. who's going to do it? is he going to step up and pay the bill? >> a lot about women's health care and a lot about student loan. everybody going to vote here? that's great. we'll be back with more "hardball." well, if it isn't mr. marg
. >> for both candidates, i want to know what to do to protect the environment from big corporates? green party. >> i have a question for romney, why not pro-life? >> he is pro-life. >> no, that women's abortions, taking away birth control -- >> oh, okay. pro-choice. >> sorry. >> those terms are shorthand anyway. >> i have a question for both candidates and i want to know what you're going to do for prisons, how to clear them out, how to lower...
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is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting away if that is the case that probably both start to change using their wallets, election day. neil: when you look at the data and the market, if the market is 04 licking mechanism in the market, it can be all over the map. it has been the president's trend, an october surprise or cause pause? in other words, there would just but barring that. president dodges a financial bullet. >> one could argue that the stock market is -- has been artificially propped up by the fed's money printing measures. when the market looks today they look at earnings, we're about to get latest report on quarterly earnings, ubs p
is that enough for this environment where we expect so little to help the president is that enough? >> that is correct. sandra is right, next 30 to 45 days are critical. you have average 401(k) balance about 107,000, and s&p 500 un14% plus year-to-date. if you see those gains evaporate, if they go away because of poor macro headlines and higher oil prices that would be the game changer for voters. they don't want to see their brokerage statement and see these numbers start melting...
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i don't want to kill jobs in this environment. let me make one more point -- >> let's let him answer the taxes thing. >> romney: okay. >> mr. president in order to reduce the deficit there has to be revenue in addition to cuts. >> obama: there has to be revenue in addition to cuts. governor romney has ruled out revenue -- [overlapping speakers] >> romney: the revenue i get is by getting more people working paying more taxes. but the idea of taxing people more putting more people out of work, you will never get there. you will never balance the budget by raising tacks. spain spends 42% of their total economy on government. we're now spending 42% of our economy on government. i want to go down the path of growth that puts americans to work with more money coming in because they are working. >> mr. president you are saying in order to get the job done it has got to be balanced. >> obama: we have to take an balanced responsible approach. and this is not just individual taxes. let's talk about corporate taxes. i have identified areas w
i don't want to kill jobs in this environment. let me make one more point -- >> let's let him answer the taxes thing. >> romney: okay. >> mr. president in order to reduce the deficit there has to be revenue in addition to cuts. >> obama: there has to be revenue in addition to cuts. governor romney has ruled out revenue -- [overlapping speakers] >> romney: the revenue i get is by getting more people working paying more taxes. but the idea of taxing people more...
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you will see a regulatory environment that is more in line with what i think the 2012 market should be. we have over regulated in that sense and the value of the us dollar under romney will get stronger. >> karen? >> i agree with what he is saying. there is the perception of economic growth and if that is the case and less regulation, i think you are see the industrials get better. >> i think if we can get back to 2007 and 8: 20 2007 and 2008 levels, it will be better. >> how often do you get a candidate that calls out a sector like that? >> it is not just the president and regulations that have hurt coal stocks? >> that has hurt it as much as the president holding things back. but obviously romney calling this out is why stocks were up 6 to 7%. the question i have is up to what day do you decide to pull the trigger and say romney is going to win and i'm going to put my money where my mouth is. >> i like them whether obama wins or whether romney wins. >> i'm already positioned better. return to normalized earning is more. >> let's go to the options desk xgt where do you stand? >> i agr
you will see a regulatory environment that is more in line with what i think the 2012 market should be. we have over regulated in that sense and the value of the us dollar under romney will get stronger. >> karen? >> i agree with what he is saying. there is the perception of economic growth and if that is the case and less regulation, i think you are see the industrials get better. >> i think if we can get back to 2007 and 8: 20 2007 and 2008 levels, it will be better....
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president with something he's never said before or if he wants to save that stuff for a more controlled environment. that will tell us as much about his temperament and his strategy as it will about his plans. let me bring in lawrence o'donnell, chris. lawrence is in the spin room tonight, which i think has yet to begin to spin. lawrence, what do you think the expectations are on both sides tonight? >> reporter: well, rachel, in this room, there are a lot of $10,000 bets going on behind me about what the president is going to say tonight and what mitt romney is going to say tonight. i think the rules actually favor president obama because there are almost no rules. they are going to do two-minute statements, they're each going to get two minutes at the beginning of the subjects that jim leherer will introduce. and discussing not policing 30-second rebuttals and 60-second statements. none of that red light stuff with the clocks and all of that stuff. and when you're in mitt romney's position, where he's actually trying to hide some things, trying to hide the details of the deduction side of his tax
president with something he's never said before or if he wants to save that stuff for a more controlled environment. that will tell us as much about his temperament and his strategy as it will about his plans. let me bring in lawrence o'donnell, chris. lawrence is in the spin room tonight, which i think has yet to begin to spin. lawrence, what do you think the expectations are on both sides tonight? >> reporter: well, rachel, in this room, there are a lot of $10,000 bets going on behind...
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i want to kill jobs in this environment. i'll make one more point. >> moderator: let's go to the taxes thing for a moment. mr. president. obama, well, we've had this discussion before. >> moderator: in order to reduce the deficit, there has to be revenue in addition to cuts. obama: governor romney has ruled out revenue. romney: look, the revenue i get is by more people working, getting higher pay, pay more taxes. that's how we get growth and balance the budget. the idea of taxing people more, putting more people out of work, he'll never get there. he never balance the budget by raising taxes. spain spends 42% of their total economy and government. we are now spending 42% of our economy and government. i don't want to go down the path of spain. i want to go down the path of growth that puts americans to work with more money coming and because they are working. >> moderator: mr. president, you say in order to get the job done it's got to be balanced. obama: if we are serious camargo to take a balanced responsible approach. thi
i want to kill jobs in this environment. i'll make one more point. >> moderator: let's go to the taxes thing for a moment. mr. president. obama, well, we've had this discussion before. >> moderator: in order to reduce the deficit, there has to be revenue in addition to cuts. obama: governor romney has ruled out revenue. romney: look, the revenue i get is by more people working, getting higher pay, pay more taxes. that's how we get growth and balance the budget. the idea of taxing...
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the question is, can anyone execute on anything within this environment? if the projections hold true and i'm sure ben in chicago and the president won't want to accept the projections but if they hold true, we'll end up with a congress that looks pretty much just as it does today, same president, dealing with the same dysfunctional congress, house controlled by the republicans and nothing will get done and in that environment, voters not uj reasonably will say well how does this get better? >> i think that politico yesterday, ben, outlined questions or statements that might haunt the president in these debates and one was i'm going to change the culture of washington and washington's culture hasn't changed. the president would say that's no small due to the fact that republicans have been historically obstructionists but, you know, there is a sense that four more years what's it going to get you? >> i think that americans have seen a president who's always reached across the aisle throughout his career, whether that was in illinois to pass campaign financ
the question is, can anyone execute on anything within this environment? if the projections hold true and i'm sure ben in chicago and the president won't want to accept the projections but if they hold true, we'll end up with a congress that looks pretty much just as it does today, same president, dealing with the same dysfunctional congress, house controlled by the republicans and nothing will get done and in that environment, voters not uj reasonably will say well how does this get better?...
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i think he grew up in a privileged environment, just like his father wanted to give everything he can. john mccain was someone isolated in his thinking somewhere along the way. also, his parents instilled upon him that because of those privileges, he had a responsibility and that his class had a responsibility to give back and to be a leader later. i think he wants to be president because he wants to make good decisions. he wants to reorganize the government so that it is efficient. he can tell you 137 things he wanted to get done. i do not think mitt romney can tell you what he wants to do. he just wants to be a good president. because of that, if he is leavihe is weaving around out there. he was a very progressive governor until he started looking presidentially and then veered over. in the primaries very much over on the right. he did not want 50%. he wanted 51.1%. i am not saying he does not have principles. he does not have a political philosophy. he does that have things he wants to accomplish. because of that, the campaign is wondering. he is wondering. i think once you get int
i think he grew up in a privileged environment, just like his father wanted to give everything he can. john mccain was someone isolated in his thinking somewhere along the way. also, his parents instilled upon him that because of those privileges, he had a responsibility and that his class had a responsibility to give back and to be a leader later. i think he wants to be president because he wants to make good decisions. he wants to reorganize the government so that it is efficient. he can tell...
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compared to a lower corporate tax environment is $ billion. it's a tough sell to be patriotic and have that facility in the u.s. cut the corporate tax rate down to a competitive level. i think technology will continue to advance. the problem is keeping the good ideas in the u.s. and create jobs. >> it can happen in spite of things or you can help or be sort of in the way? >> or you can facilitate for an economy which is growing. what we do with foreign graduate students, taxpayer money pays to educate them to get thai masters and ph.d.s and tech topics and our immigration policy says go home. it's a brilliant philosophy. >> you said the growth in intel will be abroad. whatever the tax policy is, i imagine you have to go abroad on manufacturing and engineering. you want to go to the customer. even if we get the rate right which we all want to, what is the ultimate impact? >> you obviously want to have a balance. you look at a company like intel the bulk of it's manufacturing still in the u.s., the bulk of its r&d is in the u.s. and the bulk of
compared to a lower corporate tax environment is $ billion. it's a tough sell to be patriotic and have that facility in the u.s. cut the corporate tax rate down to a competitive level. i think technology will continue to advance. the problem is keeping the good ideas in the u.s. and create jobs. >> it can happen in spite of things or you can help or be sort of in the way? >> or you can facilitate for an economy which is growing. what we do with foreign graduate students, taxpayer...
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world's largest private equity firms, so where is it seeing investment opportunities in this uncertain environment right now? kkr's head of global mac roand asset. accolade overdrive. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. >>> welcome back. just keeps getting worse for hewlett packard. seema mody, how bad now? >> we're continuing to watch the big moves in hewlett packard. that's the big tech lagger today. just looking at chart, bill, the stock just broke $15 a share. it's down now 50% from its 2012 intraday high it hit back in february. the stock down about 13% in today's trade. bac
world's largest private equity firms, so where is it seeing investment opportunities in this uncertain environment right now? kkr's head of global mac roand asset. accolade overdrive. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about...
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i think the environment is tough, and the confidence is low, and when you have a tough environment and low confidence, i've been somewhat, i don't want to use the word depressed but become somewhat of a pessimist. the one thing sam has been is the giant optimist, the bottom of every market sam is buying stuff. and my problem, and then i had this epiphany and i said you know the problem is, if my assessment of the realities are such, everything is massively too expensive. in other words based on the fiscal cliff and all of the head winds the stock wins should be 9,000, not 14,000. the stock marked is getting bullied by qe7 or 8, whatever number it is so we're creating artificial numbers that i don't think the underline will support. >> if barack obama is reelected, would that put you in a state of you might be dprelsed a little bit longer probably, wouldn't you? >> well i just think it would be a continuation of how i am today. >> what do you think right now, are you, do you think he'll be reelected at this point? >> i'm not a political prognosticator. >> off camera you wouldn't say yes
i think the environment is tough, and the confidence is low, and when you have a tough environment and low confidence, i've been somewhat, i don't want to use the word depressed but become somewhat of a pessimist. the one thing sam has been is the giant optimist, the bottom of every market sam is buying stuff. and my problem, and then i had this epiphany and i said you know the problem is, if my assessment of the realities are such, everything is massively too expensive. in other words based on...
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and we have voters who really care about the environment and the economy. and president obama, his policies really appeal to those voters a lot more. it's interesting that now it's a five-point lead because for about six months, up until a week or two ago, president obama had a narrow one to two-point le lead, so that really shows that president obama is breaking out in some of the key swing states like colorado. >> we shall all be watching tonight to see how things go down there in denver. diana degette, thank you, i appreciate it. >>> up next, painting denver pink. planned parenthood launches an anti romney blitz in colorado. i'm going to talk to the organization's president. >>> plus, bringing sexy back. politico's jonathan allen says biden is number two on the ticket, but number one in their hearts. how the v.p. is winning over seniors. and you can join our conversation on facebook. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring
and we have voters who really care about the environment and the economy. and president obama, his policies really appeal to those voters a lot more. it's interesting that now it's a five-point lead because for about six months, up until a week or two ago, president obama had a narrow one to two-point le lead, so that really shows that president obama is breaking out in some of the key swing states like colorado. >> we shall all be watching tonight to see how things go down there in...
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a significant number of troops listening to my military leadership to remain there to carry out an environment where the afghan military are capable of carrying out those responsibilities. and if that is not politically possible or militarily possible, then he would make plans for a withdrawal. >> you believe a few more years might change the dynamic? >> not a few more years. additional troops, additional supplies, additional kinds of efforts that we're succeeding, that were succeeding and not now. >> the lead story in "the new york times" talks about the mistake in faith in security as seen at the libyan mission. you saw david plouffe on "meet the press" still stumbling around, calling what happened an event and then a complex event. obviously, susan rice, the u.n. ambassador, coming under fire. peter king has said she should resign. do you agree with that? >> no, i don't. >> is that overstepping it? >> i think she was the messenger. she was the messenger. >> for people that aren't following this, what -- first of all, tell us what's offensive about what susan rice said five days afterwards.
a significant number of troops listening to my military leadership to remain there to carry out an environment where the afghan military are capable of carrying out those responsibilities. and if that is not politically possible or militarily possible, then he would make plans for a withdrawal. >> you believe a few more years might change the dynamic? >> not a few more years. additional troops, additional supplies, additional kinds of efforts that we're succeeding, that were...
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if you have two the candidates in a fairly controlled environment even with a skilled moderator letting them to go at each other worse during the debate, that is one thing. if it is just a complete free for all, i think the campaigns would never risk it. >> in the first debate, i that nixon wasworward one of the smartest politicians ever to be vice president, and of course later the president. and he was the most gracious. and that did not come across in the debates. now, why was that? no one seems to have asked that question. was he overhauled by kennedy's wealth? his tan? that is what i would have wanted to know. when nixon did not bring those out any first debate as he did in the next three. i do not think it is an easy question. >> on the fact checking, one thing that i think is helpful is to go to multiple of the fact checking organization, there's the washington post. but go to several and get a consensus about what people have to say about the candidate's statements. >> we will go to a question from the studio. >> i have a question for charlton mcilwain. i have been intrigued by
if you have two the candidates in a fairly controlled environment even with a skilled moderator letting them to go at each other worse during the debate, that is one thing. if it is just a complete free for all, i think the campaigns would never risk it. >> in the first debate, i that nixon wasworward one of the smartest politicians ever to be vice president, and of course later the president. and he was the most gracious. and that did not come across in the debates. now, why was that? no...
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they don't like the environment of what's happening. here's sam zell, listen to this. >> how the, quote, 1% or the 10%, the top earners moved ahead of everybody. i wonder if there's any correlation between while they were moving ahead, the rest of the government was subsidizing, subsidizing more and more people. i think they are disincentive vised by if you don't pay for health care, that's another thing you don't have to worry about. >> he sounds like he could be sitting at the mitt romney fundraiser. his disdain of the 47% is the same as mitt romney's. he's not the only algart complaining. leon cooperman, this hedge fund manager and former obama supporter, said this, you know, the largest and greatest country in the free world put a 47-year-old guy that never worked a day in his life and made him in charge of the free world. not totally different from taking adolph hitler in germany and making him in charge of germany because people were economically dissatisfied. you know, this is absolutely repulsive. what are these billionaires ups
they don't like the environment of what's happening. here's sam zell, listen to this. >> how the, quote, 1% or the 10%, the top earners moved ahead of everybody. i wonder if there's any correlation between while they were moving ahead, the rest of the government was subsidizing, subsidizing more and more people. i think they are disincentive vised by if you don't pay for health care, that's another thing you don't have to worry about. >> he sounds like he could be sitting at the...
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having firearms injected into that environment is not healthy. there is also a lot of dissenting views on campus. all political spectrum represented on campus for some their opinions on many different issues. having firearms present in those kinds of discussions is also, i think, potentially volatile. >> your own personal concerns about, for example, grading students? >> i connect with my students on i a pretty deep level, i think, not only in lecture, but also when i pass on their grading exams. sometimes, a failing grade that i may have to issue as part of my duty as a professor could be the final failing grade that pushes them out of the diversity. that has a potentially big impact on their life, and that is a potential for some rational behavior. after all, they are human beings. i would not a fought -- want a firearm in my own pocket throughout my daily experiences, and i do not believe human being should be trusted to behave appropriately with a firearm circumstances. >> last i was giving a talk at the university church in boulder. a woman
having firearms injected into that environment is not healthy. there is also a lot of dissenting views on campus. all political spectrum represented on campus for some their opinions on many different issues. having firearms present in those kinds of discussions is also, i think, potentially volatile. >> your own personal concerns about, for example, grading students? >> i connect with my students on i a pretty deep level, i think, not only in lecture, but also when i pass on their...